Victory Christian Academy
Analysis
Victory Christian Academy is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Victory Christian Academy reported income of $1.8m and spending of $1.5m, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2023, income grew from $1.0m to $1.8m (+67%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 87% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Victory Christian Academy sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include New York State Association of Black Puerto Rican Hispanic & Asian Legi ($1.8m), Tidewater Community College Real Estate Foundation Inc ($1.8m) and Nanjing University Education Foundation US Inc ($1.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Other salaries and wages came to $680k. At year end it held assets of $1.0m against liabilities of $158k, net assets of $856k. It reported 32 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 86%
- Other 2.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| New York State Association of Black Puerto Rican Hispanic & Asian Legi | Albany | $1.8m |
| Tidewater Community College Real Estate Foundation Inc | Norfolk | $1.8m |
| Nanjing University Education Foundation US Inc | Wilmington | $1.8m |
| Literacy Network Inc | Madison | $1.8m |